Technology

  Bloomberg It’s been a bright spot for a New York office market that has been hit hard by the pandemic: Technology companies have continued to sign leases in Manhattan even as employees work remotely. That includes Meta Platforms Inc, formerly known as Facebook, which is betting on offices despite the disruptions caused by the pandemic. While many companies have ...

  Bloomberg Apple Inc temporarily shuttered at least eight retail stores in US and Canada over the past day as Covid-19 cases surged among the public and employees. Apple, based in Cupertino, California, typically shuts down a retail store when around 10% of staff members test positive for Covid-19. Such closures have become increasingly routine in recent weeks. Before the ...

  Bloomberg Intel Corp is spending $7.1 billion on new chip packaging facilities in Malaysia, a major investment to ramp up its global footprint and address a crippling global chip shortage it expects to persist until 2023. The company is earmarking more than 30 billion ringgit towards expanding its capacity in the country, Chief Executive Officer Pat Gelsinger told reporters. ...

  Bloomberg Oppo took the wraps off a foldable smartphone that’s more than $500 cheaper than Samsung Electronics Co’s Galaxy Fold, launching its maiden attempt to stake out a spot in the nascent category. The Oppo Find N sports a 7.1-inch inner display co-developed with its Korean rival and an exterior 5.5-inch screen. It will start at $1,250 in China ...

  Bloomberg Tech giants such as Google and Facebook face major restrictions on the way they handle content after a committee of European Union (EU) lawmakers proposed expanding measures to protect consumers online. New regulations would limit the targeting of ads to minors and completely ban so-called “dark patterns,” where platforms push people to consent to being tracked online, according ...

Bloomberg Meta Platforms Inc’s photo-sharing app Instagram is encouraging users to take a break as the company battles accusations that too much time spent on its social networks hurts mental well-being of teenagers. Instagram will let people opt to see pop-up messages when they have spent a lot of time looking at a particular topic, suggesting they explore other subjects. ...

Bloomberg Stellantis NV will lean on partnerships with Foxconn Technology Group, Waymo and BMW AG to generate about 20 billion euros ($23 billion) in extra revenue from software-driven features in its vehicles by the end of the decade. The maker of Jeep, Chrysler and Fiat brands is extending existing tie-ups with Apple Inc.’s assembly partner Foxconn and Alphabet Inc.’s self-driving ...

Bloomberg The $410 DeliSofter pot looks much like the rice cookers ubiquitous in Japanese households and it does prepare rice in 24 minutes. But this invention of two Panasonic Corp engineers is designed to do more and help people with swallowing difficulties. The two women led the creation of a spin-off company, Gifmo Co, to sell the specialised steam cooker, ...

Bloomberg Alphabet Inc’s Google is once again pushing back date it will require employees to return to US offices on renewed concern after cases of Covid-19 omicron variant have been confirmed, executives told employees. Google had set January 10 as its return date, asking a bulk of its workforce to come in three days a week. Chris Rackow, a Google ...

Bloomberg Samsung Electronics Co has decided to build an advanced US chip plant in Texas, a win for the Biden administration as it prioritises supply chain security and greater semiconductor capacity on American soil. South Korea’s largest company has decided on the city of Taylor, roughly 30 miles from its existing giant manufacturing hub in Austin, a person familiar with ...